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Govt relaxes norms, allows NRIs 100 pc ownership of Air India

The government on Wednesday permitted NRIs to invest up to 100 per cent stake in disinvestment-bound Air India.  The decision comes at a time when the government has sought preliminary bids......

Air operator permit policy to be amended for new FDI norms

  The government on Thursday said it will amend the existing policy for grant of air operator permit to bring it in line with its recent decision to allow 100 per cent foreign direct......

Govt for easing aviation rule to link smaller nations

The civil aviation ministry is contemplating relaxing the substantial ownership and effective control clause in its air services agreementwith smaller countries.The SOEC clause says only airlines......

No clause in pact violated, Swiss airlines to India

Switzerland has responded to a move by the Indian government to stop all services of Swiss International Airlines (Swiss) to and from India, saying that the airlines, held by Air Trust, is......

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